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Pierre Dubois, Yassine Lefouili et Stéphane Straub
vol. 132, n° 103655, février 2021
We use data from seven low and middle income countries with diverse drug procurement systems to assess the eect of centralized procurement on drug prices, and provide a theoretical mechanism that explains this eect. Our empirical analysis is based on exhaustive data on drug sales quantities and...
Mathias Reynaert et James M. Sallee
vol. 13, n° 1, février 2021, p. 372–412
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. This harms buyers by eroding information, but it benefits them when cost savings are passed through into prices. We develop a model that highlights this tension and use it to analyze gaming of...
Helmuth Cremer et Chiara Canta
Toronto, vol. 54, n° 1, février 2021, p. 259–283
Milo Bianchi, Rose-Anne Dana et Elyès Jouini
n° 21-1181, janvier 2021
Consider a Örm owned by shareholders with heterogeneous beliefs and discount rates who delegate to a manager the choice of a production plan. The shareholders and the manager can trade contingent claims in a complete asset market. Shareholders cannot observe the chosen production plan and design a...
Andaine Seguin-Orlando, Richard Donat, Clio Der Sarkissian, Claire Manen, Catherine Thèves, John Southon, Yaramila Tchérémissinoff, Eric Crubézy, Beth Shapiro, Jean-François Deleuze, Love Dalen, Jean Guilaine et Ludovic Orlando
vol. 31, janvier 2021
Mathias Reynaert
vol. 88, n° 1, janvier 2021, p. 454–488
This paper studies the introduction of an EU-wide emission standard on the automobile market. Using panel data from 1998-2011, I find that firms decreased emission ratings by 14%. Firms use technology adoption and gaming of emission tests to decrease emissions, rather than shifting the sales mix or...
Céline Bonnet, Zohra Bouamra-Mechemache, Vincent Réquillart et Nicolas Treich
n° 21-1180, janvier 2021
Meat consumption has increased significantly in the last 50 years. This trend raises various health and environmental issues, as well as moral concerns regarding farm animal welfare. In this paper, we discuss the regulation of meat consumption in developed countries. Specifically, we discuss...
Serge Somda, Yacouba Ouedraogo, Eric Dabone, Eve Leconte et Thomas Filleron
vol. 18, n° 1, janvier 2021, p. 67–85
Median follow-up is often used to assess the quality of follow-up in longitudinal studies. Its relevance to evaluate the quality of the produced estimations seems obvious. However, there is no clear decision rule on its use. We evaluated the quality of the Kaplan-Meier estimator of the survival...
Helmuth Cremer, Jean-Marie Lozachmeur et Kerstin Roeder
vol. 73, n° 1, janvier 2021, p. 225–247
Margot Dazey
vol. 27, n° 1, janvier 2021, p. 189–205
Islamist movements are often considered the epitomes of transnational movements; however, little is known about the concrete workings of their transnational ambitions. In investigating the evolution of Muslim activists in France from the late 1970s to the early 1990s, this article shows that their...